$ENA daily close fell below MA50 (0.197), down 3.44% over 24h.
A newbie asks the million-dollar question: What is a moving average?
A moving average is calculated from past prices, so it naturally lags: the longer the period, the smoother the average and the slower it reacts.
Moving averages are inherently a step behind—kind of like me when I make decisions.
All data sums up past trends, and the market could just as easily move in the opposite direction.
This may not be accurate, so don't take it as advice.
A newbie asks the million-dollar question: What is a moving average?
A moving average is calculated from past prices, so it naturally lags: the longer the period, the smoother the average and the slower it reacts.
Moving averages are inherently a step behind—kind of like me when I make decisions.
All data sums up past trends, and the market could just as easily move in the opposite direction.
This may not be accurate, so don't take it as advice.